quasi corporation

(redirected from Quasi-corporation)
Also found in: Dictionary, Wikipedia.

quasi corporation

n. a business which has operated as a corporation without completing the legal requirements, often in the period just before formal incorporation. (See: corporation, quasi)

References in periodicals archive ?
Full consistency with SNA guidelines will also require the development of additional source data and methods to allow for the reclassification from the personal sector to the business sector of the income of unincorporated businesses that do qualify as quasi-corporations and conversely, for the reclassification from the business sector to the household sector of the production of unincorporated enterprises that do not qualify as quasi-corporations.
Government units that behave as corporations (or in the SNA, "public corporations") are treated as quasi-corporations and are classified in the corporations sector as long as they meet several criteria, including independence with respect to decisionmaking and finance, "economically significant" prices, and the existence of separate and complete accounts.
All federal government enterprises are reclassified under the assumption that they all qualify as quasi-corporations, but the characteristics of these enterprises have not been evaluated recently, and it is possible that they may not meet the criteria for quasi-corporations with respect to independence, separate and complete accounts, or market prices.
State and local transit enterprises are not considered quasi-corporations in the SNA-based estimates because they are heavily subsidized, and state and local non-utility enterprises are not considered quasi-corporations because complete accounts are not available.

Full browser ?